Prime Redevelopment Opportunity - 26 acres with 500 Ft of highway frontage - 7. 57 acres estimated uplands & the remaining 18. 69 providing a wetland buffer primarily along the back of the property. This property features split zoning CI/CHT/RMH & a Rural/Silviculture future land use designation, which allows for Agribusiness. This is defined as operations associated with active farm activities, equestrian activities, pasture lands, timber production, crop and sod production operations. Additionally, options such as solar farms, winery, bed & breakfast, & other options. With a rezone to Open Rural or a PUD, uses could include residential, cultural/ institutional, child & adult care, private schools, home occupation, primitive campground, private clubs, outdoor events & arenas, retreats, large place of assembly & more! The Subject site has a quadrilateral shape and has approximately 500 front feet along the north side of S. R. 16. The annual average daily traffic count according to the FDOT is 18, 500. The property currently has a recently renovated 812 sq ft office structure with a 1, 020 sq ft wood frame canopy area at the front, and a 232+ square foot wood frame canopy area at the rear for dry storage. Other improvements include a pole barn with a concrete slab, a smaller pole barn with a dirt floor, and a small wooden shed. The property is located on the north side of S. R. 16, across the roadway from Kohler Road. The property is fully fenced and partially cleared. Currently the parcel is serviced by well and septic, but Potable water service can be provided by the NW Water Treatment Plant (WTP) by connection to the existing 20-inch water main along SR16. The wastewater capacity can be provided by the SR16 Wastewater Treatment Plant (WWTP) by connection to the existing 12-inch force main along SR16. New Survey, Wetlands delineation, and Phase 1 Cultural Resource Assessment are available upon request.
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William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,599,200 | $1,599,200 | $1,599,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.343% | 6.876% | 6.725% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,240 | $10,372 | $13,931 |
Total Monthly Payment | $10,365 | $10,497 | $14,056 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.